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Albany Mortgage Quotes And Real Estate Information


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Albany Mortgage and Real Estate Facts

Overview

Albany has 28,687 housing units, combining houses, condominiums, and apartments. About 47% of housing units in the city are owner-occupied.

Albany Mortgage

About 70% of owner-occupied housing units in Albany have a mortgage of one type or another. Approximately 14% of housing units in the city carry a second mortgage or home equity loan.

Mortgage and interest rate quotes for the Albany area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Albany Mortgage Statistics

CategoryValue
Homes With No Mortgage30%
With A Mortgage70%
First Mortgage Only56%
Second Mortgage or Home Equity Loan14%
Second Mortgage Only8%
Home Equity Loan Only7%

Albany Housing Expenses

CategoryValue
Owner Costs as % of Income18.3%
Median Real Estate Taxes (2000)$847

Albany Household Size

CategoryValue
Total Occupied28,687
1-Person Households29%
2-Person Households30%
3-Person Households17%
4-Person Households13%
5-Person Households7%
6-Person Households3%
7+-Person Households2%

Albany Housing Stock

CategoryValue
Median Year Built1971
Median Year Built (Owner Occupied)1968
Median Year Built (Renter Occupied)1974

Albany Home Heating

CategoryValue
Using Utility Co. Gas Heat41%
Using Bottled/Tank Gas Heat3%
Using Electric Heat55%
Using Oil Heat0%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Albany Housing Size

CategoryValue
No Bedrooms1%
1 Bedroom2%
2 Bedrooms16%
3 Bedrooms63%
4 Bedrooms17%
5+ Bedrooms2%
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